DBSC ETF — Holdings & Analysis

The Deepwater Beachfront Small Cap ETF (DBSC) is an actively managed equity ETF with $0.00B in assets under management and an expense ratio of 0.85%.

DBSC focuses on identifying and investing in 50-100 high-quality, US-listed small-cap stocks with strong growth prospects and sustainable competitive advantages. The fund employs a bottom-up quantitative process, screening for factors like revenue growth, margin expansion, and valuation to achieve long-term capital growth. Past performance does not guarantee future results.

Deepwater Beachfront Small Cap ETF (DBSC) ETF — Price, Holdings & Analysis

The Deepwater Beachfront Small Cap ETF (DBSC) is an actively managed equity ETF with $0.00B in assets under management and an expense ratio of 0.85%. DBSC focuses on identifying and investing in 50-100 high-quality, US-listed small-cap stocks with strong growth prospects and sustainable competitive advantages. The fund employs a bottom-up quantitative process, screening for factors like revenue growth, margin expansion, and valuation to achieve long-term capital growth. Past performance does not guarantee future results.

ETF Overview

DBSC actively manages a portfolio of quality US-listed stocks selected based on fundamental factors. The Adviser primarily uses a bottom-up quantitative process that focuses on fundamental stock analysis. The proprietary quant screening considers revenue growth, average trading volume, margin expansion, and valuation, as well as factor-screening methodology. To refine the screening process, internal research is also considered. These factors help identify companies that have strong growth prospects, sustainable competitive advantages, participation in attractive industries and end-markets, and high-quality management teams. This multi-oriented approach aims to select 50-100 high-quality small-cap stocks in their respective industries and provide long-term capital growth.

DBSC aims to provide long-term capital growth by actively selecting a concentrated portfolio of approximately 50-100 high-quality, US-listed small-cap stocks. The fund's investment strategy revolves around a bottom-up quantitative process that emphasizes fundamental stock analysis. The adviser uses a proprietary quant screening process that considers factors such as revenue growth, average trading volume, margin expansion, and valuation. Internal research is also used to refine the screening process. The fund seeks companies with strong growth prospects, sustainable competitive advantages, participation in attractive industries and end-markets, and high-quality management teams. As of 2026-03-15, top holdings include Coeur Mining Inc (2.61%), TTM Technologies Inc (2.23%), and AeroVironment Inc (2.15%). This multi-oriented approach aims to select high-quality small-cap stocks in their respective industries. Past performance does not guarantee future results.

Risk Metrics

DBSC's active management and concentrated portfolio of 50-100 holdings introduce concentration risk, as the performance of a few key holdings can significantly impact the fund's overall returns. For example, Coeur Mining Inc represents 2.61% of the portfolio. The fund's 0.85% expense ratio can create an expense drag, potentially reducing net returns compared to lower-cost passive small-cap ETFs. As a small-cap focused fund, DBSC may exhibit higher volatility compared to broad market ETFs, although its 3-year beta is currently 0.00. Investors should carefully consider their risk tolerance and investment horizon before investing in DBSC. Past performance does not guarantee future results.

Expense Ratio

0.85%

What does DBSC hold?

Holding	Weight
Coeur Mining Inc (CDE)	2.61%
TTM Technologies Inc (TTMI)	2.23%
AeroVironment Inc (AVAV)	2.15%
Modine Manufacturing Co (MOD)	2.12%
Rambus Inc (RMBS)	2.07%
Dycom Industries Inc (DY)	2.03%
American Healthcare REIT Inc Ordinary Shares (AHR)	2.01%
Ensign Group Inc (ENSG)	2.00%
Sterling Infrastructure Inc (STRL)	2.00%
IES Holdings Inc (IESC)	2.00%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is DBSC and what does it track?

The Deepwater Beachfront Small Cap ETF (DBSC) is an actively managed equity ETF that seeks long-term capital growth by investing in a concentrated portfolio of approximately 50-100 high-quality, US-listed small-cap stocks. DBSC does not track a specific index.

Instead, it employs a bottom-up quantitative process to identify companies with strong growth prospects, sustainable competitive advantages, and high-quality management teams.

What is the expense ratio for DBSC?

The expense ratio for the Deepwater Beachfront Small Cap ETF (DBSC) is 0.85%. This means that for every $10,000 invested in the fund, $85 is used to cover the fund's operating expenses.

While this provides active management seeking to outperform, it is higher than the average expense ratio for passively managed small-cap ETFs, which can be significantly lower.

What are the top holdings in DBSC?

As of 2026-03-15, the top holdings in the Deepwater Beachfront Small Cap ETF (DBSC) are: Coeur Mining Inc (2.61%), TTM Technologies Inc (2.23%), AeroVironment Inc (2.15%), Modine Manufacturing Co (2.12%), and Rambus Inc (2.07%).

These holdings represent a significant portion of the fund's total assets and reflect the fund's investment strategy of focusing on high-quality small-cap companies.

Is DBSC a good long-term investment?

Whether DBSC is a suitable long-term investment depends on an individual investor's risk tolerance, investment objectives, and time horizon. DBSC is an actively managed small-cap ETF, which can offer the potential for outperformance but also carries the risk of underperformance.

The fund's expense ratio of 0.85% is higher than some passive alternatives, which could impact long-term returns.

How does DBSC compare to similar ETFs?

DBSC differentiates itself through its active management approach, focusing on a quantitative, bottom-up selection process for small-cap stocks. Many similar ETFs in the small-cap space are passively managed, tracking indices like the Russell 2000.

DBSC's expense ratio of 0.85% is higher than many passive small-cap ETFs.

Does DBSC pay dividends?

As of 2026-03-15, the Deepwater Beachfront Small Cap ETF (DBSC) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield.